Solabia

Solabia Overview

Solabia is a global group specializing in the development and manufacturing of active ingredients and innovative solutions for various industries, primarily focusing on cosmetics, pharmaceuticals, biotechnology, and nutrition. They offer a wide range of products, including active ingredients derived from natural sources, microbial fermentation, and enzymatic biocatalysis. Solabia emphasizes sustainable development and innovation, with a strong commitment to research and the creation of high-performance ingredients for their clients in multiple sectors. In 2019, Solabia Group has acquired Algatech Ltd. from Israel, that focused development, cultivation and commercialization of ingredients delivered from microalgae and used by leading food supplement, food and cosmetic brands worldwide.

Latest News

May 22, 2019 · en.globes.co.il

growth-positive

Solabia buys Israeli microalgae co Algatechnologies

French biotech group Solabia has acquired an 80% stake in Israeli microalgae company Algatechnologies, based at Kibbutz Ketura near Eilat. The acquisition, valued at an estimated $80-100 million, was made from UK private equity fund Grovepoint and the JCA Charitable Foundation. Algatechnologies will focus on ingredients for Solabias food and food additives sector, leveraging its pioneering R&D capabilities and extensive production facilities. The company plans to invest over $20 million to expand production and accelerate R&D. Algatechnologies, a leader in microalgae-based ingredients, sells to over 30 countries and is recognized for its innovative products like Astaxanthin and Fucoxanthin. The acquisition is expected to enhance Solabias position in the nutritional and food additives market.

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Employees: 11-50

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Paris, France

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